On January 4, 2020, the Office of the Comptroller of the Currency (“OCC”) published an interpretive letter (the “Letter”) clarifying that national banks and federal savings associations (“banks”) may engage in and facilitate payment activities through new technological means, including serving as a node in a distributed ledger system such as those utilized by some
Latest Post
More Posts
AML Regulators Clarify Diligence Requirements for Politically Exposed Persons
OCC Interpretation Opens the Door for Banks to Enter the Crypto Custody Business
Leaders of the SEC, CFTC, and FinCEN Issue Joint Statement Reminding Market Participants of Their AML/CFT Obligations for Digital Asset Activities
Subscribe: Subscribe via RSS
Blogs
Firm/Org